{"id":610114,"date":"2023-11-15T00:00:00","date_gmt":"2023-11-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/edtech-startup-akhdar-lands-investment-from-saudi-accelerator\/"},"modified":"2023-11-15T00:00:00","modified_gmt":"2023-11-15T00:00:00","slug":"edtech-startup-akhdar-lands-investment-from-saudi-accelerator","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/11\/15\/edtech-startup-akhdar-lands-investment-from-saudi-accelerator\/","title":{"rendered":"Edtech startup Akhdar lands investment from Saudi accelerator"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Value Makers Studio\u2019s Egypt investment spree continues:<\/strong> Homegrown Arabic-language audiobook summary and education platform <a target=\"_blank\" href=\"https:\/\/a5dr.com\/\" style=\"\" rel=\"noopener\">Akhdar<\/a> has raised a six-figure USD investment from Saudi accelerator <a target=\"_blank\" href=\"https:\/\/vms.sa\/\" style=\"\" rel=\"noopener\">Value Makers Studio (VMS)<\/a>, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/11\/782.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from the company. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What does Akhdar do? <\/strong>It\u2019s an Arabic language platform that sums up books and podcasts into short, easy-to-understand audio summaries and explainers. Their application has been installed over 2 mn times and boasts 1.5 mn users from 174 countries. The firm began life in 2016 as a YouTube channel before creating its own platform in 2020. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Where is the money going?<\/strong> Akhdar will use the fresh financing to \u201csupport [Akhdar] expansion plans into the GCC region, with a particular emphasis on Saudi Arabia,\u201d said Akhdar co-founder and CEO Mohamed Osama.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>VMS is serious about the local edtech scene:<\/strong> Akhdar is one of three local education startups to have recently received an equity investment from VMS. The VC also invested in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5e38745-faf9-40f6-a008-c2f295aa23bc\" style=\"\" rel=\"noopener\">OBM Education<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dfb3d153-e00d-4cef-ac63-81f480497b11\" style=\"\" rel=\"noopener\">Awfar<\/a> at a recent startup conference in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Akhdar now boasts 1.5 mn users after having started off as just a YouTube channel in 2016<\/p>\n","protected":false},"author":1,"featured_media":610115,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[8480,401,72,219,95,123,8543,200],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-610114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-akhdar","tag-edtech","tag-enterpriseam","tag-saudi-arabia","tag-startup-watch","tag-startups","tag-value-makers-studio","tag-venture-capital","wpautop","entry"],"acf":{"mongo_id":"b2a2423e-0d47-4c4b-8044-54cb0f65bc7e","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/11\/783.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian edtech startup Akhdar lands investment from Saudi accelerator","related_issue":[610103],"teaser":"Akhdar now boasts 1.5 mn users after having started off as just a YouTube channel in 2016","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/11\/.1a4643b0-1dc1-4046-860e-ae423b5431c6.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The site would be merged with freelance job site Freelance Yard to create a platform that provides employment services to young people across a\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/470.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562755,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/06\/edtech-platform-ischool-raises-usd-160k-from-edventures\/","url_meta":{"origin":610114,"position":2},"title":"Edtech platform iSchool raises USD 160k from Edventures","author":"enterpriseam admin","date":"6 June 2021","format":false,"excerpt":"Edtech platform iSchool raised USD 160k from Nahdet Misr Publishing House\u2019s venture capital arm Edventures, the company said in a press release (pdf). The money will be put towards developing an online platform to widen iSchool\u2019s EdTech services locally, and expand regionally. iSchool provides STEAM-focused educational technology for students 6-18\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/71.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":555336,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/10\/oto-courses-nets-investment-worth-usd-400k-from-edventures\/","url_meta":{"origin":610114,"position":3},"title":"OTO Courses nets investment worth USD 400k from EdVentures","author":"enterpriseam admin","date":"10 November 2021","format":false,"excerpt":"OTO secures USD 400k to expand its edtech platform: Egyptian edtech platform OTO Courses has secured an investment worth USD 400k (c. EGP 6.3 mn) from Nahdet Misr for Publishing\u2019s VC arm, Edventures, according to a press release (pdf) from the investor. The money will be split between cash and\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/394.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":559064,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/06\/hit-the-books\/","url_meta":{"origin":610114,"position":4},"title":"Hit the books","author":"enterpriseam admin","date":"6 January 2021","format":false,"excerpt":"Book summary and education platform Akhdar has raised a six figure sum from Nahdet Misr Publishing House\u2019s venture capital arm, EdVentures, to add new learning tools to its app and improve its user interface, Wamda reports. EdVentures\u2019 seed funding will be used to create an interactive gaming function and \u201cto\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/75.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548889,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/edtech-startup-obm-lands-usd-six-figure-investment-from-edventures\/","url_meta":{"origin":610114,"position":5},"title":"Edtech startup OBM lands USD six-figure investment from EdVentures","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Student career advising startup OBM Education has secured a six-figure USD investment from EdVentures, according to a company statement (pdf) by the edtech-focused VC. The company will use the funds to develop its new app, Taleb, which will provide career advice to students from the ages of 12 to 19,\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/395.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/610114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=610114"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/610114\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/610103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/610115"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=610114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=610114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=610114"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=610114"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=610114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}